iShares Russell 3000 ETF (NYSEARCA:IWV) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its stake in iShares Russell 3000 ETF (NYSEARCA:IWV) by 0.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 721,475 shares of the company’s stock after selling 6,618 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.58% of iShares Russell 3000 ETF worth $222,698,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Tidemark LLC acquired a new stake in iShares Russell 3000 ETF during the fourth quarter worth about $41,000. ORG Partners LLC acquired a new stake in shares of iShares Russell 3000 ETF in the second quarter valued at approximately $47,000. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares Russell 3000 ETF in the second quarter valued at approximately $90,000. Massmutual Trust Co. FSB ADV acquired a new stake in shares of iShares Russell 3000 ETF in the second quarter valued at approximately $113,000. Finally, Rezny Wealth Management Inc. acquired a new stake in shares of iShares Russell 3000 ETF in the second quarter valued at approximately $201,000.

iShares Russell 3000 ETF Stock Performance

Shares of NYSEARCA:IWV traded down $0.59 during trading hours on Monday, hitting $319.69. The stock had a trading volume of 49,914 shares, compared to its average volume of 177,440. The stock’s fifty day simple moving average is $311.23 and its 200 day simple moving average is $300.65. iShares Russell 3000 ETF has a 1-year low of $233.54 and a 1-year high of $322.19. The firm has a market capitalization of $14.64 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03.

iShares Russell 3000 ETF Company Profile

iShares Russell 3000 ETF, formerly iShares Russell 3000 Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States equity market, as represented by the Russell 3000 Index (the Index).